Futech will utilize Vgo's conversion tool, Evo(TM), to perform these conversions for the Middle Eastern Forms-user community in what will be called the MAGEC (Modernization and Automated Generation of Enhanced Code) model.

"MAGEC (Modernization and Automated Generation of Enhanced Code) is a key initiative at Futech, enabling enterprises to move away from inhibiting legacy applications to modern, business-centric, Service Oriented Architectures (SOA). The Futech – Vgo initiative allows a large part of the Oracle vested world to truly modernize their application inventory and focus on customer acquisition and servicing as opposed to process automation," explains Anil Kumar, Founder and Director of Futech.

For companies in time pressured industries who are understandably concerned about the approaching de-support of legacy systems and the cost of modernizing its applications, Vgo's Evo(TM) product, in conjunction with Futech's services, will assist companies in completing conversion projects 50% faster and saving an average of 75-80% of conversion development time. In order to stay competitive in today's global economy, modernization is a must.

"We are very excited to announce this relationship. Futech has proven success in software modernization and development. This relationship will help both companies clients' realize true potential in their modernization initiatives," says Ernst Renner, CEO of Vgo Software. "The modernization of client/server software, such as Oracle Forms, is truly a re-engineering/re- architecting effort. The use of Evo with the MAGEC framework provides a robust solution for our clients."

About Vgo Software

Vgo Software is a software development and services company that provides code acceleration tools and services for Java and J2EE technologies. The company's flagship product, Evo(TM), is a legacy modernization solution for Oracle Forms applications. With an approach that leverages automation and customization, Vgo Software is the only option that allows flexibility and control of output, as well as best-practice implementation. To find out more about how Vgo Software can help to speed up the creation and deployment of your Java-based, enterprise quality software applications, go to www.vgosoftware.com.

About Futech

Futech Software has been established to address the key requirement of providing well researched products and appropriate services to suit specific client needs. Futech brings in its management team, over 60 person years of IT experience that is largely from the Middle East and global experience ranging from the US, Europe to India in terms of business IT delivery knowledge. The track record of the team has already led Futech to sign on a few exciting projects in the IT outsourcing area as well as Islamic Banking. While the Futech team is well known, it is relatively new in the Market and is adding key members to its team to deliver on its promise of Delivering IT at the Speed of Business.